Artis Trade Systems Adds 5Star Bank to Portfolio

Artis Trade Systems added 5Star Bank to its supply chain finance (SCF) software platform, ArtisPay.

5Star, a community bank in Colorado Springs, CO, contacted Artis to learn about ArtisPay features and functionality, as the bank was already familiar with the associated benefits of SCF. Following the demo, 5Star decided to move forward with due diligence and a vendor management review of Artis. After qualifying as a bank vendor, Artis and SCF received BOD and bank approval in the second half of 2019. The bank is looking to launch the product with its pilot client in March of 2020.

 “We are thrilled to be working with this bank that has great leadership driving this product and client solution. 5Star Bank is dedicated to offering their clients solutions that will help them reduce costs, improve cash flow and continue to grow,” said Jamie Clemons, Artis co-founder. 

“It’s exciting to partner with a bank that is as client-focused as we are, and I look forward to growing together,” Tia Kavas, SVP of business credit at 5Star Bank, said. “Our experience in working with Artis has been exceptional. We are thrilled to be able to offer this innovative solution to support the growth of small and medium-sized local businesses in our community. This is another tool in our toolbox to support our mission of helping SMB’s succeed.”